
Principality cuts mortgage rates across residential and shared ownership ranges
The lender said the updated range will be available from 9am on Monday 6th July, with the existing products withdrawn at 5pm on Sunday 5th July.

The lender said the updated range will be available from 9am on Monday 6th July, with the existing products withdrawn at 5pm on Sunday 5th July.

The calculator is designed to help advisers show customers the financial impact of full ownership compared to staying in Shared Ownership.

Shared Ownership rates have been cut by up to 0.65%.

Abri and Poplar HARCA have become the latest housing providers to adopt the Shared Ownership Code, taking the number of adopters to three following LiveWest's commitment last month.

Natasha Greenwood said: “By adopting the Code, both organisations have demonstrated their commitment to giving shared homeowners better, clearer, and more consistent support."

Ryan Etchells, CCO at Together, also suggested buying at auction for those looking for homes below market value and willing to move quickly.

961 households in Northern Ireland bought a home through its Shared Ownership scheme in 2025/26.

The code is designed to improve transparency, fairness and service quality in Shared Ownership.

The combined team will offer a wider range of advice and support to clients, introducers and developers.

NAO stated that better data would help the Government manage risks and judge if the scheme stayed affordable.

More than 18,600 shared ownership sales completed in 2024/25, with first-time buyers accounting for around 70%, but experts warn headline affordability can mask longer-term costs.

The aim is to make the legal process quicker and clearer for people buying homes through Shared Ownership, from the initial application to completion.
Press Esc to close.
